New CEO to join Esvagt in September

Business & Finance

Esvagt, a provider of safety and support at sea, has appointed Peter Lytzen as CEO with effect from September 1, 2018.

Peter Lytzen, the new CEO of Esvagt. Source: Esvagt

Lytzen brings over 30 years’ experience and has held numerous senior positions in the offshore industry, Esvagt said announcing Lytzen’s appointment on Wednesday.

Most recently, he was a member of the Executive Committee of Teekay Offshore and CEO of Teekay Petrojarl.

Prior to this, he was Vice President of Maersk Drilling, responsible for their Floating Production activities, and Project Director at Maersk Oil for a number of projects in the North Sea.

Lytzen has furthermore worked in the equity markets as senior advisor to Hayfin Capital Management.

Jakob Thomasen, Chairman of Esvagt, comments, “We are pleased to welcome Peter to the Esvagt team. His background as a leader within the offshore and shipping industry combined with his relevant equity markets experience makes Peter the right person to drive continued innovation and ensure that Esvagt continually offers its customers improved safety and efficiency whilst focusing on costs.

“I would like to take the opportunity to thank our interim CEO, Kristian Ole Jakobsen, for his contribution over the last nine months. Kristian will continue to play an integral role as Deputy CEO of Esvagt.”